How should affordability be measured?
This is the first of two reports which addresses one of the most important issues facing households today: affordability.
Before we can assess the extent of the problem or propose solutions, we need to be clear how affordability should be measured.
This report critically focuses on four main existing measures of housing affordability before proposing two new indicators: one for low-income renters and one for first-time buyers.
The second report is entitled, Policy approaches for improving affordability.
Author: Professor Geoffrey Meen
Date: September 3, 2018 10:32 am
Author(s): Geoff Meen
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